NEW YORK , Sept. 16, 2024 /PRNewswire/ -- Report with market evolution powered by AI- The global premium chocolate market size is estimated to grow by USD 20.8 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 9.48% during the forecast period. New product launches is driving market growth, with a trend towards demand for organic, vegan, sugar-free, and gluten-free chocolates .
However, growing health concerns about diabetes and obesity poses a challenge. Key market players include Cargill Inc., CEMOI Group, Champlain Chocolate Co.
, Chocoladefabriken Lindt and Sprungli AG, Ferrero International S.A., Hotel Chocolat, Lotte Corp.
, Marks and Spencer Group plc, Mars Inc., Meiji Holdings Co. Ltd.
, Mondelez International Inc., Nestle SA, Neuhaus NV, Pierre Marcolini Group, RICHART, Savencia SA, Teuscher Chocolates of Switzerland , The Hershey Co., Vosges Haut Chocolat Ltd.
, and Yildiz Holding AS. AI-Powered Market Evolution Insights. Our comprehensive market report ready with the latest trends, growth opportunities, and strategic analysis- View your snapshot now Key Market Trends Fueling Growth The premium chocolate market is witnessing significant growth due to shifting consumer preferences towards healthier and ethically sourced chocolate products.
Organic chocolates made from natural ingredients are gaining popularity as consumers become more health-conscious and aware of the negative effects of synthetic products on their health and the.